The Faculty of Law and Business at the Australian Catholic University, ACU welcomes you to the 2015 Sustainable HRM and Employee Well-Being International Research Symposium, which will be held at the Peter Cosgrove Centre, Tenison Woods House, 8-20 Napier Street North Sydney, Australia from 4–5 November 2015.
Sustainable HRM represents an attempt to grapple with the relationship between HRM practices and outcomes beyond predominantly economic and financial outcomes. Sustainable HRM requires an extended number of metrics, including community well-being, quality of life and employee well-being (the notion of job satisfaction or ‘happiness in the workplace’).
Employee well-being is an important outcome of Sustainable HRM. Lately, well-being has occupied a central role not only in the popular press but also in the statistical and policy agenda of many countries of the world. Historically and in relative terms, most of the efforts to provide better measures of well-being have been confined to academic and policy circles, while the corporate sector has arguably been less involved in this discussion. Unsurprisingly, however, there is emerging evidence that interests are changing.
After all, firms have a key role in shaping people’s well-being, as they produce most of the goods and services that individuals enjoy. In addition, firms provide the social environment for many employees and the quality of the working environment has an influential impact on people’s quality of life. “Business as usual” is facing a legitimacy crisis as the traditional purpose of maximizing profits or shareholder value for businesses is deemed insufficient for current times. Sustainable HRM – and within it the notion of well-being of stakeholders - can become an alternative business purpose; one that legitimizes business activity within society AND with other stakeholders, including investors.
Such a focus represents a paradigm shift in how we think about the purpose of business in general and HRM in particular. Serving the common good requires firms to ensure that they can balance a multitude of stakeholders’ interests - not only in financial terms but also in psychological, social and environmental terms.
This International Research Forum, hosted by Australian Catholic University, will bring together leading scholars and practitioners with interests in this important arena. The event will provide a friendly, supportive environment to receive feedback, share ideas, discuss HR practices and find scholarly and practical inspiration.
Sydney is one of the most beautiful cities in the world. Instantly recognisable, the Sydney Harbour Bridge is the backdrop of our symposium venue, with sweeping and uninterrupted views of the city and the blue waters across the harbour. Sydney is dazzling this time of year. It is the perfect destination city with an abundance of activities and attractions to explore.
The combination of location and emerging program promises to provide an enjoyable symposium.
We look forward to welcoming you to Sydney in 2015.